Camden National Q2 FY26 net income rises 63% to $23.02 million
Reuters2026/08/06 14:14Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Camden National posted Q2 net income of $23.02 million, up 63%, with diluted EPS of $1.35.
- Net interest margin widened 0.2 percentage points to 3.26%, lifting net interest income 8% to $52.94 million.
- Provision for credit losses fell 90% to $710,000, while non-interest income rose 11% to $14.47 million.
- Six-month net income more than doubled to $44.9 million, with diluted EPS of $2.64.
- Loans rose 1% from Dec. 31, with core deposits up 2% to $4.83 billion and the allowance for credit losses at 0.91% of loans.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Camden National Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000750686-26-000062), on August 06, 2026, and is solely responsible for the information contained therein.
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